1010 8TH AVE S

ST PETERSBURG, FL 33705
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3 bd, 1 ba | 1,148 sqft | Built in 1926

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,310

Total Return

$286,783

Annualized Return

31.0%

Cap Rate

4.7%

Gross Yield

7.9%

Cash Flow

-$3,676

Appreciation

13.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,609

HOA

None

Flood Risk

Not Required

Charming 1925 Bungalow in Campbell Park A Rare Find! Seize the opportunity to own this beautiful 3 bedroom, 1 bath home that combines the classic charm and character of a 1925 bungalow with the comforts of modern upgrades to offer a perfect balance of style and functionality. Located in desirable Campbell Park neighborhood, it's just steps from Historic Roser Park and a short walk to all that thriving downtown St Pete has to offer. Features include: a spacious and inviting, generously-sized living room with soaring ceilings, a welcoming covered, open air front porch, significant effort was put into maintaining the historic integrity by leaving as much of the original features as possible; a modernized kitchen that is fully renovated with solid wood, white shaker-style cabinetry, quartz countertops, wine rack, and a one of a kind breakfast nook, and it is outfitted with brand-new stainless steel appliances, the bathroom showcases fully restored cast iron clawfoot bathtub, new elegant penny tile, newer windows, and a freshly painted interior; enhanced systems such as a tankless hot water heater; the convenience of a spacious indoor laundry room. The property also features an expansive outdoor space, comprising a large backyard with ample room for a pool or accessory dwelling unit (buyer to confirm zoning regulations). The central A/C unit is less then 1 year old. Other exterior features include a 1 year old roof with light gray dimensional shingles. The existing chimney liner requires rebuilding but is being addressed before sale. Additional benefits include a wdo treatment with transferable warranty. This one-of-a-kind bungalow is a rare treasure, blending historic charm with thoughtful updates in an unbeatable location. Dont miss out schedule your private showing today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$26,334

Expenses

-$4,687

Property Taxes

-$6,300

Loan Payments

-$19,022

Net Cash Flow

-$3,676

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Stephen Hachey
Agent License 3389117
FLAT FEE MLS REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8364628
Last Updated: 03/22/2025 18:03
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